Columbia Gas System, Inc. - Utilities Stock Certificate
Inv# GS1087 Stock
Delaware
Illinois
New York
General Stock. Beautiful vignette of a female figure holding a lighted torch! Please specify color. NiSource Inc. is one of the largest fully regulated utility companies in the United States, serving approximately 3.5 million natural gas customers and 500,000 electric customers across six states through its local Columbia Gas and NIPSCO brands. The company, based in Merrillville, Indiana, has more than 8,000 employees. As of 2018, NiSource is the sole Indiana-based utility company.
NiSource was founded in 1912 as the Northern Indiana Public Service Company, which merged with several other companies to become the Columbia Gas and Electric Corporation. Under the Public Utility Holding Company Act of 1935, Columbia was forced to reorganize its subsidiaries and eventually spun off its electric utilities, becoming the Columbia Gas System. In 2000, NiSource merged with Columbia Energy Group, but in 2015, NiSource was spun off from Columbia Pipeline Group. The next year, Columbia was acquired by TransCanada Corporation. Read more at https://en.wikipedia.org/wiki/NiSource
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
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